Buyout Firm Expands Investor Base In Rapid Fundraising

A German mid-market buyout firm has raised a €700 million fund in just a few months in a tough fundraising market, after widening its pool of investors to include more Asian and US commitments.

Beteiligungs announced the final close at its upper limit above its €660 million target today after launching the process in May. A total of €567 million came from external investors and €133 million came in the form of a co-investment from the firm itself, which is listed.